Silver Coin Buyers See Bargains

By | August 28, 2015


American Silver Eagle Coin

American Silver Eagle Coin-Obverse

Dateline Aug. 28, 2015: Although the price of silver and gold has been depressed since 2009, the recent lows in silver have encouraged coin buyers. According to Bloomberg, silver coin buyers see bargains and have been on a buying spree of late. While some investors have been selling gold and silver, coin buyers are recognizing bargains and are taking up the slack. Perhaps they are the true investors, following through on the old adage “Buy low, sell high”.

According to the Bloomberg article, coin sales at the U.S. Mint, the world’s largest, are on pace to a reach a record this year. Coin buying is ahead about 13 percent so far this year. Surging demand prompted the Mint to suspend sales last month for more than two weeks because of a lack of inventory. Lance Roberts, a noted Houston-based investment advisor and radio host commented: “Most of the coin buyers are retail investors who see these levels as extremely attractive.”

American Silver Eagle Coin

American Silver Eagle Coin – Reverse

The US Mint’s most popular silver coin is the American Silver Eagle. At the current silver price, it would be very prudent for most collectors to take advantage of today’s low prices for Silver Eagles.

You can purchase American Silver Eagles through our preferred broker, Golden Eagle Coins:

At the time of this writing, late August 2015, uncirculated American Silver Eagles can be bought for less than $20 each. Why do silver coin buyers see bargains? Because the price is right!

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6 thoughts on “Silver Coin Buyers See Bargains

  1. Shivaram

    I read your article “Silver Coin Buyers See Bargains”. I found it quite interesting because, although I have an interest in investing, I am just beginning my learning curve. My hunch is that gold and silver coin investments may indeed turn out to be very valuable. Investing requires knowledge and skills. Your article has provided me with some good knowledge and food for thought.

    Reply
    1. Mike Post author

      Thank you for visiting. I’m very pleased that you have learned something here that may help you with investment choices. Please feel free to ask any additional question concerning gold and silver coins.

      Reply
  2. Victoria

    I have been interested in finding out information relating to alternative investment options for some time. I have previously invested in stocks and shares and we are all aware of how these fluctuate.

    Although the price of both silver and gold will also fluctuate, your post suggests that coins could be the next best thing and it seems to be a more secure form of investment. I will post certainly be looking at your recommended American Silver Eagle Coins if they are still available at such a favorable price.

    I have bookmarked your website and will continue to monitor your posts closely

    Thank you again

    Victoria

    Reply
    1. Mike Post author

      Hello Victoria,. Thanks for your comments. You never know what investment will be the next big thing. What we do know is that gold and silver are quite low in price compared to their highs five or six years ago. That of itself should suggest an opportunity to buy low.

      Reply
  3. Luke

    I have been interested in the price of silver for the past year or so. It’s been so low! I was thinking about buying some but haven’t had enough money to make a significant investment in it. I might consider doing this soon since the prices are still very good.

    Reply

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